The Central Bank of Nigeria (CBN) regulates and licenses Microfinance Banks (MFBs) in the country. As of the most recent update, there are several hundred CBN approved MFBs. Here are some well-known ones categorized by their license type (national, state, or unit). National Microfinance Banks These banks are licensed to operate throughout Nigeria and typically…

A season of collapses The national grid in Nigeria has collapsed for the ninth time this year, creating another nationwide blackout that continues to highlight the instability of the country’s energy infrastructure. According to reports, the Nigerian system operator recorded zero megawatts (MW) output as of 2:09 pm on November 5, 2024. Various electricity distribution…

The continued collapse of Nigeria’s national power grid is caused by a combination of technical, structural, and operational issues. Here are some key factors: To address these issues, Nigeria would need a significant overhaul of its power sector policies, modernization of infrastructure, diversification of energy sources, and stronger regulatory enforcement for efficiency and reliability improvements.

Several former governors and current or former ministers in Nigeria have faced or are facing prosecution on various charges, often related to corruption, financial misconduct, or abuse of office. Here are some notable cases: In addition to former governors, current and former ministers have also faced prosecution: These cases reflect ongoing efforts by Nigerian anti-corruption…

In Nigeria, the following official public holidays are recognized annually: These dates are determined by either the Gregorian calendar or the lunar Islamic calendar, meaning the exact dates for Islamic holidays vary each year.

Benue Infrastructure Boost: Governor Alia Embarks on Major Road Rehabilitation | Wande Hype Media Governor Rev. Fr. Hyacinth Iormem Alia, the Executive Governor of Benue State, has launched a significant infrastructure development project in Benue State, focusing on the rehabilitation of major roads within Makurdi, the state capital. As part of this initiative, contractors are…

Senator George Akume is a prominent Nigerian politician and former civil servant. Born on December 27, 1953, in Wannune, Benue State, Akume has a long and distinguished career in both politics and public service. He is a key figure in Benue State and Nigerian politics more broadly, known for his roles as a senator, minister,…

Nigeria has 774 Local Government Areas (LGAs), which are spread across its 36 states and the Federal Capital Territory (FCT), Abuja. Here’s a list of all 774 LGAs in Nigeria, organized by state: Abia State (17 LGAs) Adamawa State (21 LGAs) Akwa Ibom State (31 LGAs) Anambra State (21 LGAs) Bauchi State (20 LGAs) Bayelsa…

The Nigerian public service salary system has a structured approach, organized into different consolidated salary structures tailored for specific sectors and roles. These frameworks ensure uniformity, fairness, and competitiveness in employee compensation across various public service areas. Here’s a detailed look at each of the key salary structures in Nigeria: The Consolidated Public Service Salary…